Monday, September 14, 2009

UNITED WORLD CAPITAL GBP/USD Bounces off our 2nd Tier Uptrend Line

The GBP/USD is finding strength in our 2nd tier uptrend line, avoiding a retest of the psychological 1.65 level following recent weakness. Though we saw a slight uptick in volume to the downside on Friday, we dont believe this pullback carries much weight. Weve seen technical breakouts to the topside.... UWCFX
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Posted by United World Capital Forex at 3:43 PM

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